The internet is a superb market research tool for your new or growing businesses. It can provide all sorts of useful insight into your industry, your competitors and, most importantly of all, your customers. In this article and the next in our series we take a look at twelve ways that the internet can make gathering marketing intelligence more productive and less costly for your fledgling business.

1. Read industry association websites: A quick search for industry related websites in your favourite search engine will unearth all sorts of valuable information: up-to-date news, white-papers, research and best practice guidelines, and more to inform the strategic direction you take with your new business. Decide to join, and you’ll probably get access to even more online resources, training and support….

2. Subscribe to analyst newsletters and report updates: one of the main sources of information for market research is reports from analyst firms like Forrester Research, Gartner Group and others. Stay ahead of the game by subscribing for e-mail updates on new analyst reports for your industry. You’ll get up-to-the minute summaries of the latest research direct to your inbox, and can invest in a full report or two if you feel it will help your business.

3. Use news aggregators to keep up-to-date: know what’s going on in your industry by searching for relevant keywords on news aggregation sites like Google News (news.google.com) and Yahoo! News (news.yahoo.com), both of which offer convenient, easily accessible window to global and local news stories, press releases and other material. You’ll have access to a much wider range of material that’s infinitely more useful than scanning through hundreds of print publications.

   Read more... Add new comment